“I think you're going to see strong performance in North America. You're going to see strong performance in AMEA, which by the way we start lapping the boycotts that started last year in Q4. And then I think in Europe, you are going to see strong results as well.”

In context

“ore optimistic about China than most other companies, but we do feel an underlying trend that the consumer is getting in more positive territory. Operator: We'll move to our final question from Tom Palmer with Citi. Tom Palmer: Good evening and thank you. I wanted to ask first on organic sales growth. The guidance would seem to imply an acceleration in the fourth, perhaps even versus what we saw in 3Q. Could you help frame the regions in which this improvement might be most apparent? And then just to confirm, this would be volume driven? Or are there some pricing actions to consider in the fourth quarter with then more coming in 2025? Luca Zaramella: As far as pricing is concerned, at this point in time we are done and so there is no sequential additional pricing coming into effect in Q4. I think you're going to see strong performance in North America. You're going to see strong performance in AMEA, which by the way we start lapping the boycotts that started last year in Q4. And then I think in Europe, you are going to see strong results as well. Latin America, we have been a little bit more conservative, but I think there should be a little bit of an improvement there too. Look, in the end, if you do the implied growth rate for Q4 in light of us the affirming guidance on top line, which is as we said at the high end of the 3 to 5 algo, you should get to a Q4 that is a little bit higher than what Q3 has been. Tom Palmer: Okay. Thanks for that. Dirk Van de Put: Okay. I think that was the last question, Shep. Well, thank you for attending the call. Strong quarter, and we hope that we will do well in 2025 also. And I hope you got convinced that our plans are in place to make that happen. Talk to you next time. Thank you. Luca Zaramella: Thank you, everyone. Operator: Thank you. Ladies and gentlemen, this does conclude today's program”